Question

multiple select question
select all that apply
which is true of wholesalers? more than one answer may be correct.
selling products to specific stores so that each store has its own unique inventory
wholesalers do not own the products they distribute; they act only as a facilitator of the exchange process
selling products to a company for internal use in production is wholesaling.
selling products to a school or hospital to run their business is considered a wholesale transaction

Explanation:

• Selling products to a school or hospital to run their business: This is a wholesale transaction as schools and hospitals are institutions that buy in bulk for their operations.
• Wholesalers do not own the products they distribute; they act only as a facilitator of the exchange process: This is a key characteristic of wholesalers. They help in the distribution process without taking ownership in some cases (like agents/brokers, but some wholesalers do own inventory too, but the statement is correct in the context of certain types of wholesaling intermediaries).
• Selling products to a company for internal use in production is wholesaling: When a company buys products for use in its production (e.g., a manufacturer buying raw materials from a wholesaler), it is a wholesaling activity.
• Selling products to specific stores so that each store has its own unique inventory: This is more of a retail - related or a distribution strategy for retailers. Wholesalers usually sell in larger quantities to various types of businesses (including retailers) but not specifically to create unique store - level inventories in this sense.

Answer:

Selling products to a school or hospital to run their business, Wholesalers do not own the products they distribute; they act only as a facilitator of the exchange process, Selling products to a company for internal use in production is wholesaling.